Fuchs Petrolub (OTCMKTS:FUPBY) Lifted to “Hold” at Zacks Investment Research


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Fuchs Petrolub (OTCMKTS:FUPBY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Tuesday, Zacks.com reports.

According to Zacks, “Fuchs Petrolub SE engages in the development, production and sale of lubricants. Its operating segment consists of Europe, Asia-Pacific, Africa and North and South America. The company’s products include engine oils, motorcycle lubricants, service fluids, greases, corrosion preventives, cleaners and concrete release agents. It also provides analytical, technical, open gear and coating services. Fuchs Petrolub SE is headquartered in Mannheim, Germany. “

Several other analysts also recently commented on FUPBY. Kepler Capital Markets raised shares of Fuchs Petrolub from a “hold” rating to a “buy” rating in a research report on Tuesday, January 12th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Fuchs Petrolub in a research report on Friday. DZ Bank restated a “neutral” rating on shares of Fuchs Petrolub in a research note on Friday. UBS Group restated a “sell” rating on shares of Fuchs Petrolub in a research note on Wednesday, April 14th. Finally, Credit Suisse Group restated an “underperform” rating on shares of Fuchs Petrolub in a research note on Friday, March 19th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $16.00.

FUPBY stock traded down $0.03 during trading on Tuesday, hitting $13.08. 11,409 shares of the stock traded hands, compared to its average volume of 16,270. Fuchs Petrolub has a 1 year low of $8.52 and a 1 year high of $14.92. The firm’s 50 day moving average is $12.65 and its two-hundred day moving average is $13.69.

Fuchs Petrolub Company Profile

Fuchs Petrolub SE engages in the development, production, and sale of lubricants and related specialties. Its products include engine oils, motorcycle lubricants, service fluids, greases, corrosion preventives, cleaners, and concrete release agents. It also provides analytical, technical, open gear, and coating services.

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